South Wilmington, IL Security Deposit Laws 2026
Illinois limits security deposits to 2 month(s) of rent. In South Wilmington, that's $2,918 at the median 2BR rent of $1,459/month. Miss the 30-day return deadline and you could owe $2,918+.
In Illinois, landlords must return security deposits within 30 days after move-out. The maximum deposit is 2 month(s) of rent. Failure to return on time or provide an itemized statement can result in penalties of $2,918 or more.
This applies to properties in South Wilmington, IL. Check all requirements for your property →
Key Takeaways — South Wilmington Security Deposit Laws
- Maximum deposit: 2 month(s) of rent = $2,918 at South Wilmington's median rent
- Return deadline: 30 days after tenant moves out
- Penalty for late return: Up to 2x the deposit ($2,918)
- Itemized statement: Required with any deductions
Security Deposit Laws in South Wilmington
Under Illinois law, landlords in South Wilmington may collect a maximum security deposit of 2 month(s) of rent. At South Wilmington's median 2-bedroom rent of $1,459/month, that means the most you can legally collect is $2,918.
$2,918
max deposit (2mo × $1,459)
30 days
return deadline
$2,918
max penalty for late return
Returning the Deposit: The 30-Day Clock
Once a tenant moves out of your South Wilmington rental, Illinois law gives you exactly 30 days to either return the full deposit or provide an itemized statement of deductions. The clock starts on the day the tenant surrenders possession — not when you inspect the unit.
What you can deduct from a security deposit in South Wilmington:
- Unpaid rent
- Damage beyond normal wear and tear
- Cleaning costs to restore the unit to move-in condition
- Costs for restoring or replacing personal property (if lease allows)
What you cannot deduct:
- Normal wear and tear (minor scuffs, carpet wear, faded paint)
- Pre-existing damage (document with photos at move-in)
- Professional cleaning if the tenant left the unit in reasonable condition
Penalty Warning
Violate Illinois security deposit laws rules in South Wilmington and you could owe $2,918+. At South Wilmington's median rent of $1,459/month, even a single violation adds up fast.
Don’t risk it. Let LeaseBase handle the compliance.
LeaseBase automatically tracks deposit amounts, calculates return deadlines, and generates compliant itemized statements — so you never miss a deadline.
Track Deposit Deadlines FreeFree to explore · No credit card required
How South Wilmington Rents Affect Deposit Amounts
Deposit amounts scale with local rents. Here's what South Wilmington landlords typically collect:
| Unit Size | Median Rent (South Wilmington) | Max Deposit (2mo) | Penalty Risk |
|---|---|---|---|
| Studio | $1,032/mo | $2,064 | $4,128 |
| 1-Bedroom | $1,118/mo | $2,236 | $4,472 |
| 2-Bedroom | $1,459/mo | $2,918 | $5,836 |
| 3-Bedroom | $1,979/mo | $3,958 | $7,916 |
Rents based on HUD Fair Market Rents (FY2026) for Grundy County.
Calculate Your Limits
Enter your South Wilmington rent amount to see exact limits and penalty exposure.
Free Calculator →No signup required.
More South Wilmington Landlord Laws
Security Deposit Laws in Nearby Cities
Own properties in multiple cities? Rules may differ locally:
Track South Wilmington Compliance Automatically
LeaseBase monitors Illinois landlord-tenant laws and alerts you before deadlines.
Never miss a security deposit laws deadline in South Wilmington
LeaseBase tracks deposit amounts, calculates return deadlines, and generates compliant itemized statements automatically.
Free to explore · No credit card required
Not ready to start? Get the free Security Deposit Laws checklist for Illinois landlords.
Download Free ChecklistReviewed by Rachid Abadli
Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019
LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.
